Despite the persistent economic challenges of the past year for banks and financial institutions, three longtime The Most Powerful Women in Banking honorees have reasons to celebrate.
Marianne Lake, who previously shared the CEO position of consumer and community banking at JPMorgan with Jennifer Piepszak, is now the sole head of this business line. Piepszak, on the other hand, was elevated to co-CEO of the commercial and investment bank.
Gunjan Kedia, vice chair of wealth, corporate and commercial and institutional banking at U.S. Bank, was promoted to president of its parent company, U.S. Bancorp. The promotion has some industry experts speculating that Kedia might be in line to be named as the next CEO of U.S. Bancorp, the fifth-largest bank in the country.
American Banker reviewed a number of criteria in selecting the honorees for this list, including the size and scope of the candidate's job, the innovation she brings to her role, and her influence within and outside her institution. The goal is to recognize the outstanding contributions women make to the banking industry.
Check out this year's list of The Most Powerful Women in Banking and learn more about their accomplishments and their paths to success.
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